Bankruptcy Homes in Leroy, AL

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Home Value Estimator For Leroy, AL

There are currently 250 real estate properties in Leroy, AL, with a median automated valuation model (AVM) price of $138,521.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Leroy, AL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Leroy, AL, is $154,702.00, with the most expensive house in Leroy, AL, topping out at $613,121.00 and the cheapest home in Leroy, AL, clocking in at $35,857.00. In other words, there’s something for every potential homebuyer or savvy investor in Leroy, AL!

Rent Prices In Leroy, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Leroy, AL, is on a rollercoaster ride. The average rent price in Leroy, AL, is $1,012.00. Indeed, when looking to rent in Leroy, AL, you can expect to pay as little as $640.00 or as much as $1,500.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Leroy, AL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Leroy, AL In 2024

Leroy is located in Washington, Alabama, with an estimated municipal population of 964 residents. All of the best foreclosed homes for sale in Leroy are located in the following zip code areas on 36548. The estimated population per square kilometer (.62 miles) in Leroy is 31.

Diversity And Demographics In Leroy, Alabama

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Leroy, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Leroy is 47.3, split between 54.1 percent male versus 45.9 female. The percentage of residents who report being married in Leroy is 46, with an average family size of 3.3.

The percentage of residents who report their race in Leroy is as follows:

White 62.7%
Black / African American 31.1%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 6.2%
Other 0%

Looking for family-friendly neighborhoods in and/or near Leroy? Or maybe you are searching for 55+ active adult communities in and/or near Leroy?

The percentage of residents who report their age in Leroy is as follows:

Under 10 18.2%
Aged 10-19 3.3%
20s 10.2%
30s 15.4%
40s 9.8%
50s 17.9%
60s 16.4%
70s 6.6%
80+ 2.3%

Best Schools In Leroy, Alabama

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Leroy with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Leroy.

Pros And Cons Of Living In Leroy, Alabama

How do you know that living in -- or moving to -- Leroy is right where you need to be? Perhaps you grew up in Leroy or already live nearby; therefore, the decision to buy a home in Leroy is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Leroy for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Leroy:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Leroy.

Reasons To Move To Leroy, Alabama, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Leroy can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Leroy, meanwhile, can field multiple offers from more qualified buyers.

Leroy, AL Bankruptcy Homes


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